1、Today's Summary

Today's factory quotations remain stable.

The utilization rate of PMMA particles in China today is 64%.

2Spot Overview

Table 1 Domestic PMMA Particle Price Summary (Unit: Yuan/Ton)

PMMA particle prices closed at 16,800 CNY/ton in the East China market today, unchanged from yesterday, but below early expectations.Today, the PMMA particle market remains steady with平静的市场消息，PMMA粒子市场在观望中过渡，递盘较少，下游按需采购，心态一般，预计短期内市场将保持僵持状态。 Corrected and translated version: Today, the PMMA particle market remained steady. Market news was calm, with the PMMA particle market transitioning amid观望. Bidding activity was low, and downstream buyers were purchasing as needed with general sentiment not showing significant signs of improvement. The market is expected to remain in a stalemate in the short term.

3Production dynamics

The capacity utilization rate of PMMA particles is 64%, with a month-on-month change of 0%. The dynamics of the plant facilities are currently stable.

4Price prediction

The short-term PMMA particle market is maintaining a consolidating trend, with holders operating on a follow-the-market basis. However, buying sentiment in the market is weak, and trading atmosphere is stagnant. In summary, with insufficient demand support, the short-term PMMA particle market is expected to fluctuate slightly, and there is a possibility of small concessions in negotiations. Continue to monitor the market transaction dynamics next week.

5Related product information

MMAMarket:Based on the East China region, MMA closed at 10,950 yuan/ton today, down 150 yuan/ton from the previous working day, in line with the morning's expectations.CountryIn the domestic market today,MMA Market The weak market trend continues, and the mentality of buying on the rise rather than on the fall is spreading. The downstream sector is clearly trying to bargain for lower prices. Holders of goods are continuing to lower their offers, and there are occasional reports of low prices in the market. Transactions remain at a level to meet basic demand.

6Data Calendar

Table 2 Overview of Domestic PMMA Particle Data (Unit: Million Tons)